Common use of Adjustments to Exchange Ratios Clause in Contracts

Adjustments to Exchange Ratios. The numbers of shares of Parent Preferred Stock that the holders of the Company Capital Stock are entitled to receive as a result of the Merger shall be equitably adjusted to reflect appropriately the effect of any stock split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible into Parent Preferred Stock or Company Capital Stock), extraordinary cash dividends, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change with respect to Parent Preferred Stock or Company Capital Stock occurring on or after the date hereof and prior to the Effective Time.

Appears in 2 contracts

Samples: Merger Agreement (U S Wireless Data Inc), Merger Agreement (U S Wireless Data Inc)

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Adjustments to Exchange Ratios. The numbers of shares of Parent Preferred Common Stock that the beneficial holders of the Company Capital Stock are entitled to receive as a result of the Merger Business Combination shall be equitably adjusted to reflect appropriately the effect of any stock split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible into Parent Preferred Stock or Company Capital Common Stock), extraordinary cash dividends, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change with respect to Parent Preferred Common Stock or Company Capital Stock occurring on or after the date hereof and prior to the Effective Timedate of issuance or payments thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Endeavor Acquisition Corp.), Agreement and Plan of Reorganization (Endeavor Acquisition Corp.)

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Adjustments to Exchange Ratios. The numbers of shares of Parent Preferred Common Stock that the holders of the Company Capital Stock are entitled to receive as a result of the Merger shall be equitably adjusted to reflect appropriately the effect of any stock split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible into Parent Preferred Stock or Company Capital Common Stock), extraordinary cash dividends, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change with respect to Parent Preferred Stock or Company Capital Common Stock occurring on or after the date hereof and prior to the Effective Timecompletion of the issuance, if any, of the Milestone Shares.

Appears in 2 contracts

Samples: Merger Agreement (Ithaka Acquisition Corp), Agreement and Plan of Merger (Ithaka Acquisition Corp)

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